CNB Financial (NASDAQ:CCNEP) Trading Up 0.2% – Here’s Why

Shares of CNB Financial Co. (NASDAQ:CCNEP) rose 0.2% during mid-day trading on Friday . The stock traded as high as $24.85 and last traded at $24.80. 357 shares were traded during mid-day trading, a decline of 76% from the average session volume of 1,476 shares. The stock had previously closed at $24.75.

CNB Financial Stock Performance

The business has a 50 day moving average of $24.98 and a 200-day moving average of $24.98.

CNB Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Friday, August 14th.

CNB Financial Company Profile

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.